Mr. Speaker, the Members of this Honourable House are aware that the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) added, amongst others, seven Russian oligarchs and twelve companies they own or control, to its Designated Nationals List (the OFAC Sanctions). Mr. Oleg Deripaska, the single largest shareholder in UC RUSAL, which is the parent company of...

New Transport and Mining Minister, Hon. Robert Montague, on Thursday (March 29), broke ground for the expansion of the Ian Fleming International Airport (IFIA), in Boscobel, St. Mary. The Minister informed that the expansion will be done in phases and that the first is slated to cost $65 million. “Phase 1 of the project will include widening of the runway...

The Toll Authority of Jamaica (TAJ) is appealing to motorists to observe the safety requirements and take all necessary precautions when using the country’s toll roads. In an interview with JIS News, Chief Executive Officer of the TAJ, Joan Fletcher, is imploring users of the high-speed roadways to ensure that their vehicles are in good mechanical condition and to check...

The Jamaica Civil Aviation Authority (JCAA) is nearing the completion of its comprehensive modernisation programme to upgrade and replace major components of its Communications, Navigation and Surveillance systems. JCAA Director General, Nari Williams Singh, tells JIS News that the upgrades will allow the authority to satisfy international requirements and to remain apace with improvements to technology in aviation. “As the...

The International Civil Aviation Organization (ICAO) projects that air traffic will double by 2030. Aviation authorities globally have been exploring ways to manage air traffic growth and additional passenger movement through airports and, to this end, have become more reliant on technology. Consequent on the constantly changing threats to aviation security, industry stakeholders deem it imperative to be proactive rather...

The Port Authority of Jamaica (PAJ) will continue expansion works at the Montego Bay Freeport terminal during the 2018/19 fiscal year, in response to increased demand for cruise and cargo services at that location. This was disclosed by Prime Minister, the Most Hon. Andrew Holness, during his 2018/19 Budget Debate presentation in the House of Representatives on March 20 under...

Principal Director of Mining in the Ministry of Transport and Mining, Dr. Oral Rainford, says it is pleasing to see financial institutions reaching out to quarry operators. “We are quite happy that NCB and DBJ have seen it fit to partner with the quarry operators and to look at the possibility of funding the operations in respect to the acquisition...